2023
Flag  
GDP
$343BCURRENT US$
Rnk 44 / 195
2013-2023
Flag
GDP GROWTH
61.1%CURRENT US$
Rnk 55 / 195
2023
Flag
 GDP
$3.57TCURRENT US$
Rnk 5 / 195
2013-2023
Flag
GDP GROWTH
92.1%CURRENT US$
Rnk 19 / 195
2023
Flag
GDP PC 
$31,591CURRENT US$
Rnk 45 / 195
2013-2023
Flag
GDP PC GROWTH
55.9%CURRENT US$
Rnk 36 / 195
2023
Flag
GDP PC
$2,481CURRENT US$
Rnk 148 / 196
2013-2023
Flag
GDP PC GROWTH
73.1%CURRENT US$
Rnk 22 / 195

About

Czechia-India Trade: In 2023, Czechia exported $1.2B to India. The main products that Czechia exported to India were Liquid Pumps ($136M), Motor vehicles; parts and accessories (8701 to 8705) ($107M), and Knitting Machine Accessories ($74.1M). Over the past 5 years the exports of Czechia to India have increased at an annualized rate of 14.4%, from $612M in 2018 to $1.2B in 2023.

In 2019, Czechia exported services to India worth $96.4M, with Travel ($55.7M), Transportation ($13.7M), and Computer and information services ($10.9M) being the largest in terms of value.

India-Czechia Trade: In 2023, India exported $2.38B to Czechia. The main products that India exported to Czechia were Broadcasting Equipment ($953M), Packaged Medicaments ($143M), and Raw Aluminium ($80.5M). Over the past 5 years the exports of India to Czechia have increased at an annualized rate of 22.8%,  from $852M in 2018 to $2.38B in 2023.

In 2023, India did not export any services to Czechia.

Comparison: In 2023,  Czechia ranked 7 in the Economic Complexity Index (ECI 1.6), and 30 in total exports ($224B). That same year, India ranked 39 in the Economic Complexity Index (ECI 0.65), and 12 in total exports ($441B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Czechia exported $1.2B to India. The main products exported from Czechia to India were Liquid Pumps ($136M), Motor vehicles; parts and accessories (8701 to 8705) ($107M), and Knitting Machine Accessories ($74.1M). During the last 5 years the exports of Czechia to India have increased at an annualized rate of 14.4%, from $612M in 2018 to $1.2B in 2023.

In 2018, India exported $2.38B to Czechia. The main products exported from India to Czechia were Broadcasting Equipment ($953M), Packaged Medicaments ($143M), and Raw Aluminium ($80.5M). During the last 5 years the exports of India to Czechia have increased at an annualized rate of 22.8%, from $852M in 2023 to $2.38B in 2018.

Exports from Czechia (Flag) to India (Flag) (2023)

Exports from India (Flag) to Czechia (Flag) (2023)

Latest Data

Trade between Czechia (Flag) and India (Flag)

Czechia Exports

India Exports

Market Competitiveness

Color
Czechia
Top Destination
Germany$64.2B
India
Top Destination
United States$85.5B

This map shows whether countries import more from Czechia or India. Each country is colored based on the difference in imports they receive from Czechia and India or the difference in the growth in imports.

In 2023, countries that imported more from Czechia than India included Germany ($64.2B), Slovakia ($15.8B), and Poland ($13.8B).

In 2023, countries that imported more from India than Czechia included United States ($85.5B), United Arab Emirates ($28.8B), and China ($18.1B).

Difference in imports from India (Flag) and Czechia (Flag) (2023)

Comparative Advantage Czechia - India

Flow
Scale

This chart compares trade between Czechia and India by product, considering products traded by both, Czechia and India.

During 2023, Czechia had a large net trade with India in the exports of Machines ($690M), Transportation ($162M), and Instruments ($110M).

During 2018, India had a large net trade with Czechia in the exports of Machines ($1.32B), Chemical Products ($253M), and Metals ($244M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Czechia India+$135MMotor vehicles; parts and accessories (8701 to 8705)
Top Product Potential India Czechia+$139MTelephones

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Czechia and India. This means that a dot/product with the flag of Czechia indicates it has a comparative advantage over India. Similarly, a dot/product with the flag of India indicates it has a comparative advantage over Czechia.

Product Space of Czechia (Flag) and India (Flag) (2023)

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